Recent Updates — VPRB

Soleil Capital Management approved a salary increase for Chief Executive Officer Kevin Frija and Chief Operating Officer Daniel Hoff. Each executive will receive total cash compensation of $360,000 for the fiscal year ending December 31, 2026, covering base salary and prior commissions. The adjustment aims to ensure retention and competitive alignment. VPR Brands operates in the cannabis industry.

VPR Brands, LP entered into a License and Release Agreement with JUUL Labs, Inc. on July 22, 2026, in exchange for $11,000,000 in installment payments. The agreement settles potential patent disputes regarding U.S. Patent No. 8,205,622 B2 and grants a non-exclusive, worldwide, perpetual license to JUUL Labs, Inc. under the patent and other patent claims. VPR Brands, LP is a patent owner and intellectual property licensing company.

VPR Brands, LP agreed to pay a total of $135,000 to the Dissim Sellers to fully satisfy and terminate the remaining royalty obligations related to its 2020 acquisition of the Dissim business and assets. This settlement-style payment ends all future royalty payments to the Sellers. VPR Brands, LP operates in the consumer goods industry, specifically focusing on on-demand demand lighters and demand investing pocket lighters.

On July 10, 2026, VPR Brands, LP entered into a Settlement and Patent License Agreement with R.J. Reynolds Vapor Company to resolve litigation in the U.S. District Court for the District of Delaware regarding U.S. Patent No. 8,205,622 B2. Under the terms, R.J. Reynolds Vapor Company will pay the company $14,900,000 in exchange for a non-exclusive, worldwide, perpetual, and irrevocable license to the patent for specific Licensed Products. The agreement includes mutual releases and contains no admission of liability or infringement by either party. VPR Brands, LP operates in the vaping and electronic cigarette industry, focusing on the development and licensing of related technologies.